How much do SERVPRO franchise owners make?
Servpro Franchise Owners earn $41,000 annually, or $20 per hour, which is 38% lower than the national average for all Franchise Owners at $60,000 annually and 47% lower than the national salary average for all working Americans.
How many SERVPRO locations are there in the US?
Today, SERVPRO has more than 1,900 locations in the United States and Canada and has become the #1 choice in cleanup and restoration.
How much does it cost to open a SERVPRO franchise?
If you want to buy a ServPro franchise, the liquid capital required is about $40,000 with a franchise fee of about $42,000 and a minimum of $191,825 to $245,700 total investment.
Is SERVPRO a ripoff?
On the Better Business Bureau, SERVPRO is accredited with an A- rating and only one customer review. Unhappy customers mentioned that the company overcharged them for services. Another mentioned some technicians were careless during a service visit, leaving a front entry door to the home open.
Who owns Servpro Industries?
Blackstone
UPDATE: SERVPRO Acquired by Blackstone. Private-equity firm Blackstone has bought a majority stake in Gallatin-based Servpro Industries Inc., the companies announced Tuesday. A news release didn’t disclose terms of the deal, but a report in The Wall Street Journal last week valued it at $1 billion, including debt.
Who is Servpro owned by?
Who was the original owner of Servpro?
Ted Isaacson
Doris Isaacson
Servpro/Founders
Are Servpro and ServiceMaster the same company?
ServiceMaster’s brand is ranked #- in the list of Global Top 1000 Brands, as rated by customers of ServiceMaster. Their current market cap is $5.40B. Servpro Industries’s brand is ranked #- in the list of Global Top 1000 Brands, as rated by customers of Servpro Industries….ServiceMaster vs Servpro Industries.
| 10% | Promoters |
|---|---|
| 16% | Passive |
| 74% | Detractors |
What is a ServPro franchise?
The franchise system provides localized services as well as large scale disaster recovery. It is headquartered in Gallatin, Tennessee. Ted and Doris Isaacson launched Servpro Industries in 1967 as a painting business in Sacramento, California.
Where is Servpro located in the US?
In 1988, they moved the company from Sacramento, California to Gallatin, Tennessee in order to be within 600 miles of 50 percent of the U.S. population. Servpro franchisees specialize in disaster restoration, offering cleanup and repairs to both commercial and residential customers whose property has suffered fire or water damage.
What does servservpro do?
Servpro is a franchisor of fire and water cleanup and restoration franchises in the United States and Canada. The franchise system provides localized services as well as large scale disaster recovery. It is headquartered in Gallatin, Tennessee.
How much does it cost to get approvedapproval for Servpro?
Approval will only be given to candidates who meet all the requirements of franchise owners. How much does Servpro franchise cost? Servpro has the franchise fee of up to $49,000, with total initial investment range of $159,325 to $213,200. $45 – $115 based on the monthly Gross Volume.